FIRSTENERGY (FE) 10-K Summaries & Annual Filing History
Review FIRSTENERGY CORP (FE) 10-K filings from 2023 through the latest annual report, including business, financial performance, risks, and liquidity.
Key takeaway
Year ended Dec 31, 2025 · FY2025 10-K
FirstEnergy Corp. filed its annual report describing a regulated utility business supported by capital investment and regional reliability. The company reported higher revenues and operating cash flow compared to the prior period.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$15.1B
Revenue reported for the fiscal year.
Operating income
$2.2B
Income from operations reported for the year.
Net income
$1B
Net income reported for the year.
Operating cash flow
$3.7B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $12.5B | +11.9% |
| Dec 31, 2023 | $12.9B | +3.3% |
| Dec 31, 2024 | $13.5B | +4.7% |
| Dec 31, 2025 | $15.1B | +12.0% |
Business overview
FirstEnergy operates as a holding company for regulated electric utilities, providing transmission and distribution services to customers across several states. The business is subject to utility regulation, manages supply plans, and addresses system demand and regional reliability. It also competes in a seasonal market and emphasizes human capital and executive leadership.
Financial performance
Revenue increased from the prior year, while operating income and net income remained positive. Operating cash flow also rose, reflecting improved financial results.
Material risks
The filing identifies risk factors under Item 1A, which include regulatory changes, capital requirements, and operational challenges. These risks could affect the company's financial condition and results of operations. The text does not provide specific details beyond the listed risk factor headings.
Liquidity and capital
The management discussion addresses capital requirements as part of the utility regulation and supply plan context. No specific allocation decisions or liquidity strategies are detailed in the supplied material.
What to watch
Monitor the next filing for updates on risk factor developments, particularly under Item 1A, and any changes in revenue or cash flow trends.